Study On Farmers Purchasing Willingness Of Corn Futures Price Insurance In Jilin Province

Agriculture is the basic industry of national economy.With the further deepening of the degree of China's integration into the global economy,the strategic position of agriculture has become increasingly prominent,which is mainly reflected in the impact of foreign venture capital operation,international food price fluctuations and other risks on China's agricultural development.At the same time,as the base course of agricultural producer,farmers' inferior position in the "big market" environment is deepening.Due to the diversification and complexity of the market risk,the impact of market risk on Chinese farmers is also significantly enhanced.As the most important food crop in Jilin Province,the fluctuation of market price of corn directly affects the income level of farmers in Jilin Province.Corn futures price insurance,as an economic compensation method committed to market risk transfer and loss sharing,plays an important role in reducing the impact on Farmers' income caused by the sharp fluctuate of corn price and indirectly ensuring national food security.It can reduce the market risk faced by farmers in Jilin Province,and play an important role in agricultural development and rural stability in Jilin Province.The corn futures price insurance pilot project has been carried out in Jilin Province for nearly four years since 2016.The scale and influence of the pilot project have been increasing,and the degree of farmers' participation has also increased.However,the willingness of farmers to buy corn futures price insurance is still affected by various factors.How to further improve the purchase of corn futures price insurance by farmers in Jilin Province is a problem worth studying.Based on the research results of relevant scholars at home and abroad,this paper constructed a research analysis framework.Firstly,it defined the concepts of agricultural risk,agricultural product price insurance and agricultural product futures price insurance,according to the theoretical basis of quasi public good theory,farmers' behavior theory and expected utility theory,and summarized the role of corn futures price insurance.Combined with the development of corn industry and corn futures price insurance in Jilin Province,it applied relevant theories to the study on Farmers' purchase of corn futures price insurance,and provided theoretical basis for the study of the influencing factors of farmers' willingness to buy corn futures price insurance in Jilin Province.Secondly,according to the relevant theories and the existing research results,combined with the field survey data.From the basic characteristics of farmers,farmers' perception of the price risk of agricultural products and farmers' cognition of corn futures price insurance these three aspects,selected the factors that affect farmers' willingness to buy corn futures price insurance,and made a descriptive statistical analysis to investigate the actual willingness and participation level of farmers to participate in the corn futures price insurance in Jilin Province,and macro grasp the basic situation of the corn futures price insurance in Jilin Province.Finally,basing the field survey data of the farmers who have participated in the corn futures price insurance and the farmers who have not participated in the corn futures price insurance in Jilin Province,used the Logistic model to have a empirical analysis on the influencing factors of the purchase intention of the corn futures price insurance of these two different types of farmers.The results show that: there are differences between the two types of farmers' willingness to buy corn futures price insurance.For the farmers who have bought corn futures price insurance,the age,the proportion of grain income in the past three years,whether they have participated in agricultural cooperatives,whether they need premium subsidies are significant at the level of 10%,the planting scale is significant at the level of 5%,the frequency of training,the degree of worry about the risk of price fluctuation of agricultural products is significant at the level of 1%;For the farmers who have not bought corn futures price insurance,the level of protection of the existing policy insurance and the degree of worry about the risk of price fluctuation of agricultural products are significant at the level of 1%,the planting scale and whether they know that corn futures price insurance is significant at the level of 5%,and the frequency of training is significant at the level of 10%.In view of the above research conclusions,this paper puts forward the following policy recommendations: first,strengthen the publicity of corn futures price insurance to improve farmers' awareness of agricultural insurance;second,improve the standardization and convenience of insurance process;third,guide farmers to join farmers' professional cooperatives;fourth,optimize the insurance coverage and expand the coverage area.